Elroy Air (Series A+)
Funding Details
Awarder
Gaingels
Date Award
May 24, 2024
Vertical
Space
Valuation
$225,000,000
Company Info
Founders
David Merrill
Market
Transportation
Coinvestors
SnowPoint Ventures,Precursor Capital,Shield Capital,Lockheed Martin
Company Description

An aerospace company with a vertical takeoff and landing plane designed for cargo, using a hybrid electric/jet fuel powertrain. Elroy Air is a logistics company that specializes in the fields of logistics, robotics, and air transportation.